Merchant banking syllabus & Session Plan

1. Subject Title
Merchant Banking And
Financial Services
Semester III
Subject Code 15P3MBAF05 Specialization Finance
Type Elective L:T:P:C 3:1:0:3
Objectives
1. To provide an opportunity to gain insights into merchant banking and financial services
Unit Syllabus Contents
Number
of
Sessions
I
Merchant Banking
Introduction – An Over view of Indian Financial System – Merchant Banking
in India – Recent Developments and Challenges ahead – Institutional
Structure – Functions of Merchant Bank - Legal and Regulatory Framework –
Relevant Provisions of Companies Act- SERA- SEBI guidelines- FEMA, etc.
- Relation with Stock Exchanges and OTCEI.
9
II
Issue Management
Role of Merchant Banker in Appraisal of Projects, Designing Capital
Structure and Instruments – Issue Pricing – Book Building – Preparation of
Prospectus Selection of Bankers, Advertising 52 Consultants, etc. - Role of
Registrars –Bankers to the Issue, Underwriters, and Brokers. – Offer for Sale
– Green Shoe Option – E-IPO, Private Placement – Bought out Deals –
Placement with FIs, MFs, FIIs, etc. Off - Shore Issues. – Issue Marketing –
Advertising Strategies – NRI Marketing – Post Issue Activities.
9
III
Other Fee Based Services
Mergers and Acquisitions – Portfolio Management Services – Credit
Syndication – Credit Rating – Mutual Funds - Business Valuation.
9
IV
Fund Based Financial Services
Leasing and Hire Purchasing – Basics of Leasing and Hire purchasing –
Financial Evaluation
9
V
Other Fund Based Financial Services
Consumer Credit – Credit Cards – Real Estate Financing – Bills Discounting
– factoring and Forfaiting – Venture Capital
9
Total 45 Hrs

2. Content Beyond Syllabus
1. Recent developments in Financial Services
2. Financial Services Regulations in India
3. Indian companies mergers and accusations
Learning Resources
Text Books
1. M.Y.Khan, Financial Services, Tata McGraw-Hill, 12th Edition, 2012
2. Nalini Prava Tripathy, Financial Services, PHI Learning, 2011.
Reference
Books
1. Machiraju, Indian Financial System, Vikas Publishing House, 2nd Edition,
2010.
2. J.C.Verma, A Manual of Merchant Banking, Bharath Publishing House, New
Delhi,
3. Varshney P.N. & Mittal D.K., Indian Financial System, Sultan Chand & Sons,
New Delhi.
4. Sasidharan, Financial Services and System, Tata Mcgraw Hill, New Delhi,
2nd Edition, 2011.
5. Website of SEBI

3. Unit Title
Hours
Allocated
Date Total No.
of Hours
Taken
From To
1.1
Introduction – An Over view of Indian
Financial System
2
1.2 Merchant Banking in India 2
1.3 Recent Developments and Challenges ahead 2
1.4 Institutional Structure – Functions of
Merchant Bank
2
1.5 Legal and Regulatory Framework 1
16. Relevant Provisions of Companies Act 1
1.7 SERA- SEBI guidelines- FEMA, etc 1
1.8 Relation with Stock Exchanges and OTCEI 1
2.1
Role of Merchant Banker in Appraisal of
Projects & Designing Capital Structure and
Instruments
1
2.2 Issue Pricing – Book Building 2
2.3
Preparation of Prospectus Selection of
Bankers & Advertising 52 Consultants, etc.
1
2.4
Role of Registrars & Bankers to the Issue &
Underwriters, and Brokers.
1
2.5
Offer for Sale – Green Shoe Option – E-IPO,
Private Placement – Bought out Deals
Placement with FIs, MFs, FIIs, etc.
3
2.6 Off - Shore Issues. – Issue Marketing –
Advertising Strategies –
2
2.7 NRI Marketing – 1
2.8 Post Issue Activities. 1
3.1 Mergers and Acquisitions 2
3.2 Portfolio Management Services 2
3.3 Credit Syndication 2
3.4 Credit Rating 2
3.5 Mutual Funds 2
3.6 Business Valuation. 2
4.1 Leasing and Hire Purchasing 3
4.2 Basics of Leasing 3
4.3 Hire purchasing 3
4.4 Financial Evaluation 3
5.1 Consumer credit 2
5.2 Credit cards 2
5.3 Real estate financing 2
5.4 Bills discounting 2
5.5 Factoring and forfaiting 2
5.6 Venture capital 2